A Sea Gypsy Reads the Clouds

 About once a month, I receive a mail from Ray Jason who lives "on the ocean" and who therefore has an outside view on our predicament.

 As a technician of the global high-tech dystopia currently under construction, I end up with surprisingly similar conclusions to his.

 His focus, earlier, was freedom, the ocean and nature. My focus was technology, data and society. But over the last couple of years, we both have slowly moved towards freedom and politics. This was unavoidable. As pressure builds up, we happen to be the canaries in the coal mine.  

 You can subscribe on his page below if interested.

A SEA GYPSY READS THE CLOUDS

Posted: 30 Sep 2021

by Ray Jason

Embracing the "Old Ways"

My education as an ocean sailor was an exquisite blessing. That’s because in my early days we still learned The Old Ways. Nearly a thousand years of hard-earned wisdom was generously passed along to those who wished to wander The Wide Waters.

We could read the clouds and decipher the probable weather for the next few days. We carried barometers, and knew that a rapid decline meant a churning hell of wind and waves was headed our way.

Tragically, that ability to “read the signs” was vaporized nearly overnight as electronic devices slithered aboard almost every boat. Mariners were no longer watching the Sea and the Sky for tell-tale clues. Instead, they were staring at screens.

To go to sea, you no longer had to know how to fix your position by the stars or determine your depth by the color of the water. You just needed the latest electro-gadget.

 

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That ability to carefully observe the watery world around me, has also served me well during this last decade as I have tried to unravel what our Malignant Overlords are planning for us. At sea, you have to ignore what “could be” or “should be,” and instead deal with “what is.”

So this is what I see as I peer out towards the far horizon. The clouds are not black and ominous and pulsing with danger and fury. They are dark gray, but not particularly threatening. That’s because our controllers do not want us to see what is coming and then prepare for it.

Their attack on us – and on all it means to be Human – is deliberately gradual and incremental. I believe that they categorize us into three groups.

First, there are the people who are quite willing to accept submissive lives. They will gladly comply with the commands of “authorities” because it is easier to obey, than it is to think and to challenge.

Second, there are those who will never accept the chains of subservience. They understand that for most of human history the regular people lived under the yokes of tyrants. Only in the last few hundred years has humankind experienced widespread Freedom. These rebels will not willingly submit. These people are dangerous!

But it is the third group that the Malignant Overlords will focus on. They already have the Submissives in their pocket; and they know that they can never sway the Resisters. Their true target is the enormous mass of “undecided people” who make up the gigantic hump of the Bell Curve.

Their master plan is to either convince or gradually coerce these “normies” to follow their decrees. Then with control over the vast majority of humanity, they can more easily demonize and destroy the Rebels.

 

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It is absolutely vital to recognize that these Rulers are not just motivated by Greed or Power. They already possess more wealth than kings and pashas. And their power to impact the everyday lives of nearly 8 billion people is already enormous.

Instead, they seek complete control over people’s lives. Their pathological need to impose their will on Earth is so vile that they will only be satiated with total subservience from the masses.

They are trying to erect a high-tech, neo-feudal police state. They will rule and we must submit. It is only because the vast majority of us possess Decency Bias, that we cannot imagine people so evil. But they see themselves as superior predators and they view us as inferior prey. In their sick worldview, if we are willing to submit, then we deserve our chains.

And they are right on the brink of accomplishing this long, relentless and secret campaign for planetary conquest. This century’s massive advances in technology strengthened and emboldened them. What they have long sought is now within their grasp. What exactly are those goals? I have been warning about them for years, but let me briefly summarize them again.

They want to replace cash with a digital currency that is controlled by a global central bank. This will allow them to track every purchase and diminish the possibility of underground economy transactions. And should a citizen “step out of line” his account can be frozen or “disappeared.”

There is another new monetary horror that the M.O.s want to impose. This is the switch to digital money that also has an expiration date. If you do not spend it in time, it simply vanishes. This will mean that hard-working folks can never save and get ahead.

How we buy and sell will also be influenced by the Climate Change hoax. The amount we can spend each month will be determined by our Green Agenda credit score. Only so much real meat will be allowed and access to your funds will be denied for a multitude of bogus “Save the Planet” reasons.

Initially, this will be monitored via smart phones. But the Malignant Overlord’s wet dream is implantable chips that will be injected into the fleshy part of our hands between the thumb and the forefinger. This will both geo-locate us and contain all of our vital information. So, where we are and everything we do will be known by Big Brother Schwab. We will become human livestock; and eventually we will be seen as an entirely different species from our farmers.

The achievements that they have racked up in fulfilling these plans in the last 18 months is almost unbelievable. The Covid Scamdemic has allowed them to impose Medical Martial Law on the entire planet. Observe how dramatically their global governance goal was advanced.

It is no accident that almost none of the people forcing us to do these things were ever elected by anyone. The directives that so radically altered our lives were simply commands by bodies such as the World Health Organization, the CDC or the ludicrous Imperial College. There were never any referendums on masks or social distancing or lock-downs.

Another huge factor in the re-making of the world, has been the mis-named philanthropic foundations. These bodies are also un-elected and answer to no one. Yet they wield gigantic power in all the major spheres of daily life such as health, banking, agriculture, media etc. The foundations controlled by Gates, Soros and Rockefeller, wield more power than most of the nations on Earth.

 

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I mentioned earlier in this essay that the horizon looks foreboding but that the clouds were not yet “black and ominous and pulsing with danger and fury.” However, if my sweet, strong little sailing boat was in Australia instead of here in The Banana Latitudes, my assessment would be different.

It appears that the Malignant Overlords have chosen the land down under to be crushed down under. The citizens are essentially under house arrest. Public protests have been forbidden. The police brutality is vicious and unjustified. House to house forced vaccinations are probably coming next.

Our controllers seem to be sending a message to the rest of the world that this same treatment will eventually spread everywhere, and so your only sensible reaction is to submit.

Having researched and studied this creeping totalitarianism for a decade, my sea gypsy instincts scream out to me that this is the moment. They are no longer manipulating from the shadows. They are fast-tracking their plan for global domination.

The only glimmer of hope I can read from those storm clouds assaulting the good people of Australia is this. When tyrants fully reveal their true selves in such an unmistakable fashion, it often jolts people out of their trance. This can lead to massive refusal and rebellion.

And then, those who once wielded the iron fist, will soil themselves as they climb the gallows steps.

Here’s What Will Happen if US Defaults on Its Mountain of Debt

 The probability that the US will default on it's debt is still low, or is it?

 With 28 trillions of debt and a tsunami of red ink heading towards US shores, eventually a black swan or Minsky moment will raise its head. It is unavoidable. The only question left is when. History proves that such an event is a priori unpredictable and a posteriori obvious.

On Monday, Senate Republicans blocked legislation to raise the debt ceiling and allow the US to avoid an impending government shutdown and possible default. On Tuesday, the GOP also pooh-poohed a proposal by Democrats to allow for the debt ceiling to be raised with a simple majority vote, instead of the 60 vote supermajority ordinarily needed.

The United States is hurtling toward the historically unprecedented prospect of defaulting on tens of trillions of dollars in debt as government funding is set to expire on 30 September, the end of the current fiscal year. On Tuesday, Treasury Secretary Janet Yellen warned that the government was on track to running out of money by 18 October if the borrowing limit was not raised soon.

“It would be disastrous for the American economy, [the] global financial market and millions of families and workers whose financial security would be jeopardised by a delay in payments,” Yellen said at a hearing in Washington. “Even coming very close to the deadline without raising the debt ceiling can undermine the confidence of financial markets in the creditworthiness of the United States,” the secretary warned.

Yellen suggested that a collapse of investors’ faith in the US’ ability to pay its bills would send shocks through markets throughout the world, pushing borrowing costs to jump through the roof and threatening the dollar’s status as the world’s de facto reserve currency.

Calling on Republicans to recognise their “shared responsibility” in running up the country’s gargantuan debt, Yellen stressed that allowing the US to default on its obligations would be an entirely “manufactured crisis” that must be prevented at all costs.

What Would a Default Even Look Like, Technically Speaking?

The US has had a debt ceiling since 1917, when, during the First World War, lawmakers capped maximum allowable borrowing by the federal government at $11.5 billion. It was raised to $45 billion in 1939, and raised again more than 100 times since then, now standing at over $28.8 trillion. The United States has never defaulted on its obligations before – aside from a minor incident in 1979 involving a small number of Treasury bills during a debt showdown, which was almost immediately corrected but nevertheless caused a spike in T-bill yields and a drop in investor confidence.

At the moment, the US treasuries market has nearly $21 trillion in obligations sloshing around, and analysts simply don’t know what will happen if a default takes place – even at a technical level.

“We do not believe and the market does not believe it’s a likely scenario,” Rob Toomey, a managing director in capital markets at the Securities Industry and Financial Markets Association (SIFMA) trade group, told MarketWatch. “But it would be a real problem scenario for the system generally and operations and settlement specifically,” the expert added.

Preparing for the possibility of a default with Fedwire, a reserve settlement funds transfer system, and the Fixed Income Clearing Corporation (FICC) regulator, SIFMA says two scenarios are possible.

In the first, the Treasury would realise that it’s about to miss a payment and announce it ahead of time so that the maturity dates of bonds can be changed. This, the trade group says, would cause tremendous market uncertainty regarding future T-bill pricing, but prevent a systemic catastrophe.

In the second scenario, the Treasury does not provide advance warning, and bonds that mature simply disappear from the system, since they are automatically presumed to have been paid, with the Treasury needing to agree to make up for the loss, by offering additional interest, for example. The second scenario “just illustrates the fact that the system wasn’t designed for this,” according to the SIFMA. The group believes the second scenario is a remote possibility, but a “real problem scenario” if it happens.

Jamie Dimon, CEO of JPMorgan Chase, America’s largest bank, has confirmed that the institution was engaged in “scenario planning” for the “potentially catastrophic event” of a default.

Dollar’s Status in Jeopardy

The United States has enjoyed the status of having the world’s de facto reserve currency since the establishment of the Bretton Woods system in 1944. This status has allowed Washington to print money in excess – and to exchange dollars for real physical goods, without suffering the inflationary penalties and currency collapse that other countries would if they were to do the same thing.

In her remarks to Congress on Tuesday, Yellen warned that while “China has a long way to go in reforming its financial markets before the renminbi is a serious rival to the dollar,” she couldn’t think “of anything more harmful to the role of the dollar than failing to raise the debt ceiling.”

Perry Adair, a consultant at Becker Lawyers, a federal lobbying firm, has echoed Yellen’s concerns, telling Cnet that “internationally, the United States will have for the first time undermined the full faith and credit of its own currency,” causing “a blow to our standing in the world and a boon for our adversaries such as China who are arguing that the US is on the decline.”

The dollar has already taken a hit in recent years amid efforts by countries including Russia, China, Iran, and others to move away from dollar payments in trade, switching to euros or local currencies, and concocting other financial tools through which to escape sanctions and other forms of pressure from Washington.

Earlier this year, after slashing its holdings of both dollars and T-bills to near zero, Moscow stressed that the greenback’s use in global trade would drop once countries began to doubt its stability. The current congressional debt ceiling showdown may serve as just the impetus needed for this to occur.

Higher Treasury Bill Costs = Higher Borrowing Costs

An increase in T-bill yields due to their higher perceived risk would cause a major jump in borrowing costs for ordinary Americans and businesses. “Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is resolved and Treasury payments resume,” Moody’s Analytics wrote in a report published last week.

The ratings agency warns that even after the crisis is resolved, interest rates would remain high for a long period of time, given the perceived risk premiums associated with US debt, with home loans potentially “never” falling back to where they were before the default, resulting in an economic calamity affecting Americans for generations to come. Other loans –for businesses, consumers, students, etc. are also expected to suffer a similar fate.

Moody’s calculates that as many as six million US jobs could be lost, while wiping out 1/3 of the stock market’s value – and the equivalent of about $15 trillion in household wealth.

A default would almost certainly prompt Moody’s, Fitch, and other ratings agencies to downgrade the US’s credit rating, making it more expensive for the US to borrow new cash abroad, or service the debts it already owes.

GDP to Take a Hit Even if Compromise Found

Even if Congress does come to an agreement on the debt ceiling at the last moment, as it has failed to on previous occasions, the US economy will still be hit by the loss of investor confidence and conservative hiring policies by businesses fearing the worst. According to Moody’s, the uncertainties associated with debt limit debates in 2011 and 2013 caused GDP in mid-2015 to be an estimated $180 billion below that would it would have been if the crisis had been resolved sooner. Up to 1.2 million less Americans were able to find jobs thanks to the Congressional wrangling at that time, according to the agency.

Global Crisis?

For economies holding large amounts of US debt, a debt payment crisis in the US would cause an increase in these countries interest rates as well. Japan, for example, holds over $1.4 trillion in US treasuries, equivalent to over 20 percent of the Asian nation’s GDP. China, the UK, and Ireland hold between $323 billion to $1+ trillion in treasuries, with any contagion caused by a crisis in the US expected to quickly spread to these countries as well.

An economic recession in the US caused by default, including a near-freeze in credit markets, job losses, and a hit to GDP would impact the world economy in any scenario, given the US’ massive consuming power and market interconnections forged thanks to globalisation.

“No one would be spared,” Maya MacGuineas, president of the Committee for a Responsible Budget, a Washington-based profit, recently told CNN. “It would be such a self-imposed disaster that we wouldn’t recover from, all at a time when our role in the world is already being questioned.”

Eurasia Group, a New York-based risk consultancy founded by former Obama economic advisor Ian Bremmer, estimates that there is about a 20 percent chance of a technical default taking place next month, a percentage the advisory stresses is “unusually high” given the risks involved. “Dismissing these risks is a mistake,” the consultancy warns.

Reprinted from Sputnik News.

 

"The Endgame Of Communist Rule Has Begun": Evergrande's Fall Shows How Xi Has Created A China Crisis

Are all the stars lining up for a momentous 2022 year?

If growth falter and resentment explodes in China, will a takeover of Taiwan suddenly look like an acceptable risk?   

 

Authored by Niall Ferguson, op-ed via Bloomberg.com,

The developer’s collapse isn’t leading to global contagion, but China’s looming economic disaster might...

A major mistake of the Cold War was the tendency of Western observers to overestimate the Soviet Union. I have often wondered if the same mistake is being repeated with the People’s Republic of China. Then again, for every article over the last 10 years that predicted China’s economy would overtake that of the U.S., there were at least two prophesying a “China crisis.”

“The endgame of Chinese communist rule has now begun,” wrote David Shambaugh in 2015.

Wisely, he added: “Its demise is likely to be protracted.” 

That same year, Jim Chanos of Kynikos Associates warned, “We’re getting inexorably to a tipping point in China.”

Last week began with yet another China tipping point. The impending collapse of the giant property developer China Evergrande Group, we were warned, could be China’s “Lehman Moment.” For 24 hours, global stock markets retreated by a couple of percentage points. By Tuesday morning, however, the story appeared to be over. The jitters subsided and investors got back to parsing the utterances of U.S. Federal Reserve Chair Jay Powell to make sure that nothing he said was surprising.

So if the China crisis never happens — no matter how many times China permabears like Chanos predict it — does China eventually overtake the U.S.? Thus far, it has done so only in terms of gross domestic product adjusted on the basis of “purchasing power parity,” which allows for the fact that a meal in Chongqing is quite a bit cheaper than one in Chicago. On a current dollar basis, China’s GDP last year was still just 72% of U.S. GDP, even with Hong Kong included.

Will China surpass America? No, I don’t think so. Nearly three years ago, in the heat of a lively debate in Seoul, I bet the Chinese economist Justin Yifu Lin 20,000 yuan (roughly $3,000) that China’s economy — defined as GDP in current dollars — would not overtake that of the U.S. in the next 20 years. I am sticking with that bet, even if the Lehman Moment for the Chinese financial system never comes. Here’s why.

Let’s begin by recalling how many experts believed the Soviets would overtake America. In successive editions, the economist Paul Samuelson’s hugely influential economics textbook carried a chart projecting that the gross national product of the Soviet Union would exceed that of the U.S. at some point between 1984 and 1997. The 1967 edition suggested that the great overtaking could happen as early as 1977. By the 1980 edition, the time frame had been moved forward to 2002-2012. The graph was quietly dropped after that.

Samuelson was by no means the only American scholar to make this mistake. A late as 1984, Harvard’s liberal guru John Kenneth Galbraith could still insist that “the Russian system succeeds because, in contrast with the Western industrial economies, it makes full use of its manpower.” Economists who discerned the miserable realities of the planned economy, such as G. Warren Nutter of the University of Virginia, were few and far between — almost as rare as historians, such as Robert Conquest, who grasped the enormity of the Soviet system’s crimes against its own citizens.

We know now how wrong Samuelson, Galbraith et al. were. After 1945, according to the late Angus Maddison’s estimates, the Soviet economy was never more than 44% the size of that of the U.S. By 1991, Soviet GDP was less than a third of U.S. GDP.

China has of course learned lessons from the Soviet experience. Beginning in the late 1970s with Deng Xiaoping, China’s leaders understood that the Communist Party could harness market forces for the perpetuation of their own power, but they must never relax the party’s political grip. If there is one thing the CCP can be relied on never to produce, it is a Chinese Mikhail Gorbachev.

In the same way, the Chinese have learned from the American experience. I remember vividly how, in the wake of the 2008 collapse of Lehman Brothers, eminent Chinese economists visited Harvard (where I taught at the time) and doubtless many other institutions to research the causes of the global financial crisis. Somewhere in President Xi Jinping’s office there must be a copy of the report they subsequently wrote. If there is another thing the CCP can be relied on never to produce, it is a Chinese Lehman Moment.

Yet, as the great English historian A.J.P. Taylor once observed of the French Emperor Napoleon III, he “learned from the mistakes of the past how to make new ones.” As I contemplate Xi, I find myself wondering if the Communist Party has inadvertently produced a Chinese version of Napoleon III, whose reign was also marked by rampant real estate development. (The Paris you see today was in large measure the achievement of his prefect of the Seine, Georges-Eugene Haussmann.)

Evergrande is mainly significant as an illustration of how the Chinese economic model has evolved over the past decades of urbanization on steroids. It is China’s second-largest property developer, with an estimated $355 billion of assets across 1,300 developments. It has around 200,000 employees, and usually hires 3-4 million laborers a year for construction work.

It is also the most-indebted property developer in the world, with on-balance-sheet liabilities equivalent to nearly 2% of China’s annual GDP, and off-balance-sheet obligations equal to another 1%. Among its liabilities are $37 billion in bills and trade payables owed to suppliers and contractors, and an estimated $6 billion in high-yielding wealth management products, which it has sold to more than 80,000 retail investors.

Evergrande is just one of many such leveraged real estate companies in China. It just happens to be the most overstretched, so it was the first to get in trouble when the government introduced its “three red lines.” These specified that a property developer’s ratio of liabilities to assets must be below 70%; its ratio of net debt to equity below 100%; and its ratio of cash to short-term debt at least 100%. Evergrande was on the wrong side of all three lines, but it was in good company. Of the country’s 15 biggest developers, only one is fully compliant with the new rules, according to data in the South China Morning Post.

When the Chinese government decides to make an example of an over-leveraged player, we know what happens next, and it’s not a global financial crisis — not even a domestic one. There will be some more brinkmanship, as there was last week, with some bondholders (onshore) getting paid and others (offshore) being asked to wait. But at some point soon — probably before the October holiday — the government will force through a formal restructuring and bankruptcy process. Those considered politically important will get off lightly; the politically disposable will lose their shirts; a few top executives will face jail. That was what happened with the travel conglomerate HNA Group Co. in 2018. It was what happened to Baoshang Bank Co. in May 2019.

The most sanguine take I read last week came from the always interesting MacroPolo series of papers published by the Paulson Institute, founded by former Treasury Secretary Hank Paulson (himself something of an authority on Lehman Moments). According to Houze Song, the Evergrande crisis was the result of a policy error, because “China’s financial regulators … preoccupied with stifling a property and land sales bubble … mandated banks to cut back on mortgage loans.” Fewer mortgages drove down housing prices, pushing Evergrande to the brink of insolvency. However, everything will turn out fine because:

1) The central bank will further relax mortgage policy to alleviate the liquidity crunch for the property sector;

2) Property sales will rebound as demand for housing remains healthy;

3) The more vulnerable firms will be able to sell their assets (e.g., land) to raise cash.

“These dynamics will be mutually reinforcing,” he concludes, “and will help to stabilize the property sector as it muddles through this year.”

The People’s Bank of China has already taken action. On Thursday, it sought to alleviate the financial stress with the equivalent of $17 billion in the form of seven- and 14-day reverse repurchase agreements, its largest open-market operation since January. Evergrande shares in Hong Kong duly rallied. Crisis over. Stand down the plunge protection team.

All this goes to show that a Lehman Moment was never in the cards. China’s state-controlled financial system has state-controlled crises, which are targeted at particular firms “pour encourager les autres”— not to trigger the kind of generalized bank run that drove the global financial system to the point of collapse in the winter of 2008-2009. 

Nevertheless, it is possible to avoid financial contagion without necessarily avoiding a more insidious macroeconomic contagion. As the Harvard economist Ken Rogoff showed last year in a paper co-authored with Yuanchen Yang of Beijing’s Tsinghua University, real estate plays an even bigger role in China’s economy today than it did in the U.S. economy on the eve of the financial crisis. The impact of real estate-related activities amounted to 18.9% of U.S. GDP in 2005, its pre-crisis peak. The equivalent figure for China in 2016 was 28.7%. None of the 10 other countries in their sample come close, except Spain on the eve of the financial crisis (28.7% in 2006).

The detail is eye-popping. In all, around 27% of Chinese bank loans come from the real estate sector. Real estate is the main form of collateral for loan securitization. In 2017, almost 18% of the urban labor force was employed in real estate and related industries. In 2018, the sale of land by local governments accounted for as much as 35% of their revenues.

Much as happened in Japan in the housing bubble of the late 1980s, the market value of China’s housing stock is now more than double that of the U.S. and triple that of Europe. This means that housing wealth forms a significantly larger share of overall assets in China (78%) than it does in the U.S. (35%). Rogoff and Yang conclude that Chinese households’ consumption is therefore “significantly more sensitive to a decline in housing prices” than that of their American and Japanese counterparts. A “20% fall in real estate activity could lead to a 5-10% fall in GDP, even without amplification from a banking crisis, or accounting for the importance of real estate as collateral.”

To put it simply, China’s growth has been boosted for many years by the construction of an excess supply of housing units. This has been financed by an unsustainable mountain of debt. As the Beijing-based economist Michael Pettis noted last week, “China’s official debt-to-GDP ratio has soared by nearly 45 percentage points in the past five years, leaving it with among the highest debt ratios for any developing country in history.”

Relative to the size of the economy, nonfinancial corporate debt in China is now even bigger than it was in Japan in the late 1980s. And both tower blocks and debts have been going up at a time when the Chinese workforce has begun to come down. With the birthrate falling, the total population is forecast by the United Nations to shrink by around 25% by the end of the century — conceivably even by 50%.

The result is not so much the proverbial bridges to nowhere as homes for no one. Between a fifth and a quarter of Chinese housing stock is estimated to be empty. Last week, the Rhodium Group’s Logan Wright estimated that there was enough empty property in China to house more than 90 million people.

Of course, no “China crisis” article for the past 20 years has been complete without images of uninhabited ghost cities. But there was always the counterargument: “If you build it, they will come.” Well, they built 15 high-rise apartment blocks in the southwestern city of Kunming back in 2013. Unfortunately, the developer ran out of money and the buildings turned out to be defective. Last month, “Sunshine City II” was spectacularly demolished in a succession of controlled explosions. That one video clip impressed me more than all the ghost city videos I’ve seen over the years. Nothing says “wealth destruction” quite like toppling tower blocks.

The crisis in real estate has much wider ramifications than the inevitable restructuring of Evergrande. Other developers are under pressure (the fact that one is called Fantasia says it all). Housing sales are down. So are land sales by local governments. Exposed banks are under pressure, as are the steel producers and iron-ore exporters who for so long grew rich on Chinese construction. And, as falling apartment prices reduce household wealth — just as Rogoff and Yang foresaw — we can expect a significant impact on consumption. The August data already showed a decline in year-on-year retail sales growth from 8.5% in July to 2.5%, though this partly reflected the effects of anti-Covid restrictions. That slowdown seems likely to persist through September and October.

For years, Pettis and others have argued that China’s growth rates were artificially inflated and that the steroid-free growth rate was probably half the official target. Some China economists quoted in the press last week suggested a growth rate closer to 4% in the coming decade. Leland Miller, of China Beige Book, even suggested a rate of 1% or 2% 10 years from now.

It will be interesting to see if the International Monetary Fund revises down its growth projections for China in next month’s World Economic Outlook. Back in the summer of 2020, the IMF thought China’s economy would grow 9.2% this year and 5.7% next year. The 2021 figure has since been lowered to 8.1%. The most recent 2023 projection was 5.4%. All these numbers look on the high side to me, even allowing for the unreliability of Chinese statistics.  (Thank heavens the managing director of the IMF would never contemplate overstating China’s economic performance! Oh wait, that’s precisely what Kristalina Georgieva is accused of having done when she was at the World Bank.)

Many foreign investors have been on the wrong side of all this. In the 15 months through June 2021, they poured $527 billion into Chinese stocks and bonds. A good deal of that money found its way via the offshore dollar bond market into high-yielding real estate debt. Among the funds known to hold Evergrande debt are Fidelity International Ltd., UBS Asset Management, Amundi Asset Management SA, and BlackRock Inc. Last week it fell to Ray Dalio of Bridgewater Associates to rally the China bulls. The Evergrande crisis was “all manageable,” he said. The system would be “protected.” But it Is striking that on Aug. 3, George Soros warned investors in China that they faced “a rude awakening,” and on Sept. 6, he called out “BlackRock’s China Blunder.” When Soros and Kyle Bass are on the same side, things get interesting. (Bass’s fund, Hayman Capital Management, has been short China for years.)

“The regime which is destroyed by a revolution is almost always an improvement on its immediate predecessor,” wrote Alexis de Tocqueville in “The Old Regime and the Revolution.” “And experience teaches that the most critical moment for bad governments is the one which witnesses their first steps toward reform.” I often thought of that passage as I watched Gorbachev inadvertently destroy the Soviet Union by trying to reform it. Only recently did it occur to me that it might also apply to Xi, the anti-Gorbachev. Although his reforms go in the opposite direction from Gorbachev’s — turning back the political clock to Marxism-Leninism, rather than forward to liberalism — the effect may be the same.

Xi’s crackdown on the property developers is just the latest blow he has struck against “capitalism with Chinese characteristics.” First in line were the big tech companies —  Alibaba Group Holding Ltd., Tencent Holdings Ltd. and ride-sharing leader Didi Global Inc. Then it was the turn of the for-profit education sector. All of this reflects Xi’s conviction that China needs to move from “fictional growth” to “genuine growth,” and his determination to make the old CCP slogan of “common prosperity” a meaningful antidote to the rampant inequality of the “get rich quick” era. Investors who have ignored this anticapitalist turn in China have only themselves to blame if they have lost money.

Likewise, analysts who continue to predict a Chinese economic takeover of the world have only themselves to blame if they have failed to learn the lessons of the Soviet collapse. Perhaps, to paraphrase Taylor, Xi has learned from the crises of others only how to make a crisis of his own.

COVID Vaccine Dystopia: A Manifesto

 A little less complete than the previous article but just as good and a little shorter. We are indeed entering a Covid dystopia. 

Guest Post by Dr. Joel S. Hirschorn

Preamble

A warning is appropriate.  Reading this article with a large amount of medical science information will likely increase your anxiety and fear.  The views of many distinguished medical experts paint a bleak view of COVID vaccines.  The likely reaction to the science is very different than the fear constantly propagated by the evil Dr. Fauci and his supporters.  Here is the difference: They want you to fear the COVID virus and to accept vaccination, masking, lockdowns, school closings, and other forms of medical tyranny.  With extensive data and expert assessments, this manifesto defines a vaccine dystopia.  It is a terrible condition where fear of the virus is replaced by fear of the vaccines – supposedly the remedy for the virus.  This manifesto supports a different solution to the virus: Give greater attention and importance to a host of treatment protocols that can and should replace unsafe vaccines.  Another dimension to revolting against the vaccine dystopia is the need to reclaim personal medical freedom – your right to determine what medicine and vaccine to put into your body, not the government, especially when the government has a biased, one-sided view of vaccine safety.

Introduction

We are at the edge of history, in a global society where there is great suffering and injustice because of the widespread commitment to getting the entire population jabbed with COVID vaccines that the government claims are safe.  As shown below, in truth there is ever-increasing deaths and harmful health impacts from all the COVID vaccines.  But governments do not give credence to the many awful health impacts of the vaccines, no matter how many esteemed physicians and medical researchers present evidence for stopping vaccination efforts.

The political and medical establishments keep using the same insensitive argument.  No matter how many people die from the vaccines – often within days of getting jabbed – those in power proclaim that more lives are saved from using the vaccines against COVID than are lost due to them.  So many thousands of people worldwide have died from the jabs, probably 100,000 or more based on data from CDC, the European Union, and other nations.  But negative vaccine impacts are largely ignored by big media, the public health system, and authoritarian politicians.  Sneaking into the public limelight are some famous people dying from the shots from the realms of sports, entertainment, and politics.  But these are easily forgotten or ignored.  Or seen as exceptions, statistically speaking.

In our quickly evolving vaccine dystopia, the vaccinated are granted many rewards and the unvaccinated are shamed, castigated, and bullied.  We have not yet reached the critical inflection point where the many medical voices against vaccines (given below) prevail.  Their voices are suppressed by big media; their medical science arguments and data are ignored.  The result is that most of the population remains victims and slaves to massive propaganda about the benefits of vaccines.  Ignored are not only the ill vaccine effects but also the enormous financial benefits obtained by makers of vaccines.  Medical experts are unable to win the battle despite their science-based critiques of the vaccines.  Yet what else can they do than to keep offering their expert medical advice?

Insanity is often defined as maintaining behavior that is proven wrong, destructive, and unhealthy.  In our nascent vaccine dystopia, those with power keep pushing more vaccinations even as the death toll and harmful health impacts keep mounting, and vaccine effectiveness shrinks.  Keep pushing more shots as if a magical solution to COVID will emerge.  Medical experts say it will not.  COVID will never be completely eradicated.  Proven cheap, safe, and effective treatments using generic medicines like ivermectin must be seen as safe and effective alternatives to vaccines.

Perhaps over time vaccine-induced deaths and serious adverse health impacts will become so visible that the powerful vaccine machine will grind to a halt.  Why?  Because authoritarian and dystopian societies eventually collapse.  However, only after incredible numbers of people have died and suffered.  The many anti-vaccine medical experts cited below will have little pleasure from being ignored and criticized for so long only, eventually, to be seen as correct.  Some kind of revolution is needed to overturn the multi-pronged vaccine empire.

Below are data, scientific judgements, and new studies and analyses that present compelling evidence against mass COVID vaccination.  This is all we can do right now to fight vaccine dystopia and nourish the needed revolution.

New analysis of all major vaccines

Physician J. Bart Classen published an extremely valuable analysis.  He examined clinical trial data from all three of the major vaccine makers and found their vaccines cause more harm than good.  Here are highlights from his article.

Data were “reanalyzed using ‘all cause severe morbidity,’ a scientific measure of health, as the primary endpoint.  ‘All cause severe morbidity’ in the treatment group and control group was calculated by adding all severe events reported in the clinical trials.  Severe events included both severe infections with COVID-19 and all other severe adverse events in the treatment arm and control arm respectively.  This analysis gives a reduction in severe COVID-19 infections the same weight as adverse events of equivalent severity.  Results prove that none of the vaccines provide a health benefit and all pivotal trials show a statistically significant increase in ‘all cause severe morbidity’ in the vaccinated group compared to the placebo group.”

In other words, he found that each of the vaccines caused more severe events in the immunized group than in the control group.  No safety.

This was his main conclusion: “Based on this data it is all but a certainty that mass COVID-19 immunization is hurting the health of the population in general.  Scientific principles dictate that the mass immunization with COVID-19 vaccines must be halted immediately because we face a looming vaccine-induced public health catastrophe.”

Manipulation of data

So many actions are pure fraud, designed to deceive the public and push a media story that makes unvaccinated people look bad.

The trick used by CDC that was revealed in some publications, but not big media, is to count the deaths of fully vaccinated people as unvaccinated if the deaths occurred within 14 days of their final vaccination.

Their goal was to make unvaccinated people look like pandemic culprits causing the continued spread of COVID.  Indeed, what big media did produce to influence public opinion was that unvaccinated people were the problem.  All this to help convince more people to get vaccinated.

In truth, the medical reality is that vaccinated people are dying for two reasons.  Some are inflicted with serious health impacts from the vaccines themselves, such as blood clots that kill people from strokes and other maladies.  Second, many are victims of breakthrough COVID infections that can cause death because vaccines over time become increasingly ineffective in protecting against COVID.

One astute critic said this: “This means if someone was hospitalized, admitted to ICU, required mechanical ventilation or died within two weeks of getting the jab they are being counted as ‘unvaccinated,’” said Kelen McBreen.  “The entire [CDC] report can basically be tossed into the trash thanks to the inclusion of the recently vaccinated in the unvaccinated category,” wrote McBreen.  “This intentionally misleading data is now being used to infringe on the rights of the people of California and across the entire United States as vaccine mandates and passports are being rolled out nationwide.”

To add more context to what CDC has done, consider the following report of a revelation by a whistleblower.

In sworn testimony, she claimed to have proof that 45,000 Americans have died within three days of receiving their COVID-19 shot.  The declaration is part of a lawsuit America’s Frontline Doctors (AFD) against U.S. Department of Health and Human Services Secretary Xavier Becerra.  That is a remarkably higher number than CDC has reported.

According to the whistleblower’s sworn document, she is “a computer programmer with subject matter expertise in the healthcare data analytics field, an honor that allows me access to Medicare and Medicaid data maintained by the Centers for Medicare and Medicaid Services (CMS).”

After verifying data from the CDC’s adverse reaction tracking system VAERS, the whistleblower focused only on individuals who died within three days of receiving their shot.

“It is my professional estimate that VAERS (the Vaccine Adverse Event Reporting System) database, while extremely useful, is under-reported by a conservative factor of at least 5,” she added.  She came to that conclusion by examining the Medicare and Medicaid data in respect to those who died within three days of vaccination

It should be noted that some years ago a Harvard study found that the system could be undercounting by a factor of 10 to 100.

Her statement also made an important point regarding how the COVID pandemic is not being managed the way previous vaccines have been treated.   “Put in perspective, the swine flu vaccine was taken off the market which only resulted in 53 deaths,” said the statement.

EXAMPLE OF WHY 12 -DAY CDC PRACTICE IS FRAUDULENT: Back in January there was a news story about the death of 56-year old Florida doctor Gregory Michael who died from a rare autoimmune disorder developed on December 21 three days after receiving the Pfizer vaccine.  His wife said that in her mind his death was 100% linked to the vaccine.  One doctor came forward publicly to say he also believed the vaccine caused the victim to develop acute idiopathic thrombocytopenic purpura (ITP), the blood disorder, and brain hemorrhage that killed him.  Dr. Jerry L. Spivak, an expert on blood disorders at Johns Hopkins University, who was not involved in Dr. Michael’s care, said “I think it is a medical certainty that the vaccine was related.  It happened and it could happen again.”  His medical reasons were that the disorder came on quickly after the shot, and “was so severe that it made his platelet count ‘rocket’ down.”  Over the following months, huge amounts of medical research documented vaccine-induced blood problems, including the one that hit the Florida physician.

There is still more to the data corruption designed to send a deceitful message to the public.  A July story noted: “a physician contacted the Globe and said testing protocol from Scripts [health care system] is indicating that they aren’t testing the vaccinated in the hospitals – they are only testing the unvaccinated for COVID despite the many COVID breakthrough cases reported.  The physician contacted another hospital and reported to the Globe: ‘They HAVE NOT been testing the vaccinated for COVID routinely like they have the unvaccinated, but they JUST changed their policy to begin doing this.’  Unbelievable!  So all this BS in the newspapers has been spewing about the vaccinated NOT having COVID BECAUSE THEY DON’T TEST FOR IT!”  All this was done very likely in hospitals all over the nation so that big media could push the story that there was a “pandemic of the unvaccinated.”

There is still more corruption to acknowledge.

In 2020 CDC issued new instructions for medical examiners, coroners and physicians to give more credit for COVID as the cause of death.  Pre-existing conditions or comorbidities were to be recorded in Part II rather than Part I of death certificates.  This was a major rule change from the 2003 handbooks to be used for reporting deaths.  This single change resulted in significant inflation of COVID-19 fatalities by instructing that COVID-19 be listed in Part I of death certificates as a definitive cause of death regardless of confirmatory evidence, rather than listed in Part II as a contributor to death in the presence of pre-existing conditions, as would have been done using the 2003 guidelines.  The result was significant inflation in COVID fatality totals by as much as 1600% above what they would be had the CDC used the 2003 handbooks.  It comes down to what many people now understand, namely so many people die with COVID but not FROM COVID.

As a final example of data corruption and shortcomings, consider what was revealed at a recent meeting of nurses.  They explained what they are facing in their hospital work, which also helps explain why so many nurses and physicians have refused vaccination.  One nurse said she ran an ER department, and that it was tragic that they were seeing so many heart attacks and strokes, and that it is obvious that they are related to the COVID-19 shots.  Another nurse stated that she was never trained about how to submit a report to VAERS about vaccine adverse events, and did not even know it existed until she did some research on her own.  She said there is pressure to NOT report vaccine injuries and deaths, and it takes about 30 minutes to fill out the report, which few will do.

In our blossoming vaccine dystopia, you cannot trust information coming from big media, government, and the medical establishment.

British and other International data show vaccine truths

A new report with detailed data from Public Health England provides some startling numbers.  For the period of February 1 through August 2, there were COVID Delta variant cases for 47,000 people who had received 2 vaccine doses, and for 151,054 people who were unvaccinated.

In the first group of vaccinated people, there were a total of 402 deaths.  In the second much larger group with more than three times unvaccinated people, there were just 253 deaths.  In other words, of the total COVID deaths 61 percent were in fully vaccinated people.

To get the death rate you divide the number of deaths by the total number of infection cases.  That gives a death rate of .86 percent among the vaccinated and .17 percent among the unvaccinated.

That is an amazing difference.  The death rate among vaccinated was just over five times greater than that for the unvaccinated.

Five times greater!  In other words, unvaccinated people who got infected were enormously safer from death.  Proving that COVID vaccines are not safe.

How can we explain this huge difference in terms of medical science?

It should also be noted that it was determined that the measured viral load in both groups was the same.  So, why are vaccinated people dying more frequently than the unvaccinated?  Here are some plausible explanations.

First, there is something very dangerous and unsafe in the COVID vaccines associated with spike proteins that are causing people to die at a higher rate.  For example, as discussed elsewhere, all current vaccines have been associated with serious blood problems, notably both large and microscopic blood clots.  Many people have died from brain bleeds and strokes, for example.  There are also many, many other types of adverse side effects causing a host of medical problems.

Two famous virologists warned against using the current vaccines because they are fundamentally unsafe and could be killing people.  They envisioned a vaccine dystopia and loudly proclaimed that the mass vaccination program should be halted.  Instead, they advocated the use of treatments using generic medicines like ivermectin, as detailed in Pandemic Blunder. As well as strengthening natural immunity.

Second, it is reasonable to believe that most unvaccinated people have acquired natural immunity from some prior COVID infection.  And that natural immunity is far more protective than the artificial or vaccine immunity obtained from jabs.  Their natural immunity translates to fewer deaths.  Yet the US like many other countries does not give credit for natural immunity on a par with vaccine immunity when it comes to COVID passports and mandates.  Though a few nations do the right thing by honestly following the science.

Third, vaccinated people are susceptible to breakthrough infections, which means that they are not protected against infection after they have been originally infected.  Phony and dangerous COVID vaccines do not destroy the virus, nor prevent transmitting it to others.  Some breakthrough infections are lethal.

Putting aside problems with CDC data, the death rate found in the UK for vaccinated people translates to about 1,300 deaths for vaccinated Americans.  Indeed, an August report revealed that new CDC data indicated 1,507 people of those fully vaccinated died.  It seems like these figures are only for breakthrough infection deaths because the CDC VAERS database indicates more than 6,000 vaccine deaths (through August 27) that are reported as vaccine adverse effects.  [But nearly 14,000 deaths apparently when non-US data are included.]

A higher death rate from COVID for vaccinated people in the US compared to other countries might be related to a generally unhealthier population with more serious health conditions, notably high levels of obesity.

Just days ago, it was reported that West Virginia saw a 25% increase in deaths of people that are fully vaccinated over the last eight weeks.  At the same time, it was reported that in Massachusetts 144 people fully vaccinated also died from COVID, an 80 percent increase from several weeks earlier, and that new total translates to about 4,800 for the whole nation.  In New Jersey, there was a 16 percent increase in breakthrough deaths recently.

The new data from England involving very large numbers of people should be headline news.  But the biased and dishonest big media suppress this kind of critical data.  Why?  Clearly, if vaccinated people die at a much higher rate than unvaccinated people, then why should people be enthusiastic about being vaccinated for initial shots or later booster ones?  They should not.  This is especially true for the millions of people who have natural immunity.

Data from other countries merits attention because of still more proof of the deficiencies of the COVID vaccines.

In August director of Israel’s Public Health Services, Dr. Sharon Alroy-Preis announced half of all COVID-19 infections were among the fully vaccinated.  Signs of more serious disease among fully vaccinated are also emerging, she said, particularly in those over the age of 60.

A few days later, Dr. Kobi Haviv, director of the Herzog Hospital in Jerusalem, reported that 95% of severely ill COVID-19 patients are fully vaccinated and that they make up 85% to 90% of COVID-related hospitalizations overall.

Add these results from research in Israel: People who were vaccinated in January and February were, in June, July, and the first half of August, six to 13 times more likely to get infected than unvaccinated people who were previously infected with the coronavirus; that is, people with natural immunity.  In one analysis, comparing more than 32,000 people in the health system, the risk of developing symptomatic COVID-19 was 27 times higher among the vaccinated, and the risk of hospitalization was eight times higher.

In Scotland, official data on hospitalizations and deaths show 87% of those who have died from COVID-19 in the third wave that began in early July were vaccinated.

In Ireland, 18 percent of COVID deaths were in fully vaccinated people.

There is only one rational conclusion from examining all the foreign data: COVID vaccines are both unsafe and ineffective.

Great article on vaccine failure

This recent article displays a lot of wisdom about COVID vaccines; here are some excerpts.

“The Corona vaccines don’t work very well.  Ubiquitous statistics showing that the vaccinated enjoy substantial protection against serious illness and death seem wrong.  In some cases, they are probably manipulated.  They are certainly confounded by the different testing regimes to which the vaccinated and the unvaccinated are subjected.  Once you forget the specifics of efficacy and look at the broader picture, it is easy to see where we are.  The vaccines have not reduced Corona mortality compared to the same time last year in any jurisdiction that I know of.  Countries with high vaccination rates are now seeing the same number of deaths, or more, as they had at the beginning of September 2020.”

“The vaccinated remain substantially protected against serious illness or death, but the unvaccinated are entering the hospital and dying at very high rates indeed, as if to compensate.  Thus Israel has maintained the same case fatality rate of around 0.7%, before and after mass vaccination.”

“Vaccines against coronaviruses have been used in animals for decades, and none of them work very well.  Generally, they begin to fail after a few months.  Despite their technical sophistication, our mRNA and vector vaccines against SARS-2 are no different.  They had some success when they were first rolled out, but if anything that probably made things worse.”

“Our universal vaccination campaigns worked just well enough to speed up the evolutionary processes that are always and everywhere optimizing Corona.”  That means the virus keeps outwitting us.

“It is impossible to believe that this failure was not foreseen. The scientists who developed the vaccines knew for sure how things would play out.  That’s why they concluded the trials after three or four months and vaccinated their controls.  It’s why they have been talking about boosters from the very beginning.  It’s why, if you listened carefully, you never heard Zero Covid sloganeering coming from Team Vaccine. Only the comparative morons on Team Lockdown ever talked like that.”

“Our politicians and our new public health dictators, on the other hand, remained oblivious to the limited potential of the vaccines.  They continue to insist on universal vaccination and green passes, while it is obvious that these will do nothing to influence the course of the pandemic.”

“Corona policy in every western country has unfolded more or less according to the same script, devised by the World Health Organisation at the end of February 2020.  The final act was supposed to be the wide-scale eradication of Corona after mass vaccination.  It is now clear that this will never happen.  For the first time since March 2020, there is no obvious international consensus on the way forward.”

“A few countries, or perhaps even a few prominent politicians or public health pundits who do not have their heads up their asses, could change everything.  Everyone who is not crazy needs to start insisting on the same simple message:

We have to live with Corona, it will always be with us. Biannual boosters for the entire population will not solve anything.  They will only reduce the effectiveness of vaccines by encouraging antigenic drift.  The vaccines are, at best, a solution for the elderly and the vulnerable only.  Everyone will get Corona, even the vaccinated, and children need to get it while they are still young and while it poses no risk to them.  In this way, SARS-2 will become an unimportant virus in the coming years.”  But will that happen before we suffer through a vaccine dystopia?

This article gave no attention to treatments, but here is one of the many comments that addressed this issue well:

“When do the powers that be start focusing on TREATMENTS for those who contract covid, regardless of vaccination status?? No other infection, condition, disease, etc doesn’t have treatment options, except for covid….they, the powers that be, go so far as to block treatment options or make them incredibly hard to get. It’s past time to make the various treatments readily available…they don’t have to be 100% successful, but we should be given the choice to try them!!”

Vaccine dystopia seen by some esteemed scientists

If the material above has made you depressed, you may not want to keep reading.  Some great medical scientists have gone public with very negative views of the future because of mass COVID vaccine use.

Chief among these forecasters of vaccine doom is Dr. Judy Mikovits.  She became widely seen as a conscientious whistleblower when she talked about “mass murder” and said that 50 million Americans will die because of the vaccines.  Her medical science credentials are impeccable, including a long stint at the National Cancer Institute.  Her views may seem extreme to some people, but they are based on deep scientific understanding and are consistent with the highly frightening forecasts of other scientists and physicians.

Here are some of her views:

“Most people don’t realize the [COVID] vaccines do not prevent infection.  You’re injecting the blueprint of the virus and letting a compromised system try to deal with it.  And worse, it doesn’t go in the cells that a natural infection would, that have lock and key receptors, gatekeepers, so that only certain cells can be infected, like the upper respiratory tract for a coronavirus.  Now you’re making it in a nanoparticle which means it can go in every cell without that receptor.  So, can you imagine the damage of bypassing God’s natural immunity and allowing the blueprint for coronavirus that also has components of HIV in some strains, meaning you can infect your white blood cells.  So now you’re going to inject an agent into every cell of the body.  I just can’t even imagine a recipe for anything other than what I would consider mass murder on a scale where 50 million people will die in America from the vaccine. The numbers from the XMRV’s (xenotropic murine leukemia virus-related virus) and the vaccine injuries for the (past) 40 years support that.”

Her warning that these injections can cause death is confirmed by Dr. Sucharit Bhakdi, an award-winning researcher and former head of the Institute of Medical Microbiology and Hygiene in Germany; he was a professor of virology and microbiology for 30 years in Germany.  In the statement shown below, he warns that by taking these injections, killer lymphocytes already present in our body will cause an auto-immune attack with terrible consequences for our health and even death.  He made this statement:

“The big, big danger about this vaccine is you are shooting the gene of the virus into your body.  It is going to go through the body and go to entering cells that you don’t know.  These cells are going to start making, not the whole virus, but virus protein, and these cells are going to put the waste of that spike protein in front of their cells.  And the killer lymphocytes will see the waste, and, you know, anyone who does not understand there is going to be an autoimmune attack because the killer lymphocytes are already there.  It is with this that I will say, “Bye bye,” (death) because you don’t realize what you are going to do.  You are going to plant the seed of autoimmune reactions.”

Dr. Sherri Tenpenny is board certified in emergency medicine and osteopathic manipulative medicine and author of several books on the impact of vaccines.  When she was specifically asked about the forecast from Dr. Mikovits, she said: “If they don’t die, they’re going to be seriously injured.  There are some things in life that are worse than death, you know, having to live with chronic inflammatory drug-induced hepatitis, you know, having chronic seizure disorders, having debilitating autoimmune diseases.  Some people are so sick it would be merciful if they died.”

Add to these views the warnings from Dr. Michael Yeadon, former Vice President of Pfizer with a PhD in respiratory pharmacology, and Dr. Wolfgang Wodarg, former head of the Public Health Department in Germany and a doctor of pneumology.  They sent an urgent petition to the European Union demanding a halt to COVID-19 vaccine studies due to safety concerns.  They specifically identified the following serious side effects:

• Infertility
• Allergic, potentially fatal reactions due to polyethylene glycol (PEG) which is contained in the vaccine.
• Exaggerated immune reactions, especially when the vaccine recipient is confronted (later in life) with the real “wild” virus. They report that these exaggerated immune reactions to corona vaccines have long been known from experiments with cats. 100% of the vaccinated cats died after catching the wild virus.

Here are a few more examples of dire predictions about the COVID vaccines:

Dr. Luc Montagnier, a French virologist and recipient of the 2008 Nobel Prize in Medicine for his discovery of the human immunodeficiency virus (HIV) is worth listening to.  He has a doctorate in medicine and has received more than 20 major awards.  Montagnier refers to the mass vaccine program as an “unacceptable mistake” and is a “scientific error as well as a medical error.”  His assertion is that “The history books will show that…it is the vaccination that is creating the variants.”  In other words: “There are antibodies, created by the vaccine,” forcing the virus to “find another solution” or die.  This is where the variants are created.  It is the variants that “are a production and result from the vaccination.”  He is talking about the mutation and strengthening of the virus from a phenomenon known as Antibody-Dependent Enhancement (ADE).  ADE is a mechanism that increases the ability of a virus to enter cells and cause a worsening of the disease.  His bottom line: “Faced with an unpredictable future, it is better to abstain.”  But most people will find it extremely difficult to resist all the coercion and vaccine mandates.  As to the much talked about and hope for herd immunity, he has said: “the vaccines Pfizer, Moderna, Astra Zeneca do not prevent the transmission of the virus person-to-person and the vaccinated are just as transmissive as the unvaccinated.  Therefore, the hope of a ‘collective immunity’ by an increase in the number of vaccinated is totally futile.”

Dr. Vanden Bossche has considerable credentials that make his views worth consideration.  He has a PhD degree in Virology from the University of Hohenheim, Germany, and has held faculty appointments at universities in Belgium and Germany.  He was at the German Center for Infection Research in Cologne as Head of the Vaccine Development Office.  He has said: “Given the huge amount of immune escape that will be provoked by mass vaccination campaigns and flanking containment measures, it is difficult to imagine how human interventions would not cause the COVID-19 pandemic to turn into an incredible disaster for global and individual health.”  He talks about selective viral ‘immune escape’ where viruses continue to be shed from those who are infected [both vaccinated and nonvaccinated] because neutralizing antibodies fail to prevent replication and elimination of the virus.  A frightening forecast by Bossche is that the worst of the pandemic is still to come.  Hard to believe considering all the bad news propaganda about cases, hospitalizations, and deaths.  But he thinks we are now experiencing the calm before the ultimate storm.  Imagine a new wave of infection far worse than anything we’ve seen so far is how Bossche thinks.  How does this happen?  There will be more mutants or variants to which the adaptive immune system from vaccine shots provides little resistance.  At the same time, there will be decreased innate or natural immune effectiveness.  Unless people take a number of steps to boost their natural immunity.  Here is his big picture view: “There is only one single thing at stake right now and that is the survival of our human race, frankly speaking.”  This too is a very strong view.  The “mass vaccination program is…unable to generate herd immunity.”  If true, there is little hope of seeing the COVID pandemic ending.

In a public comment to the CDC on April 23, 2021, molecular biologist and toxicologist Dr. Janci Chunn Lindsay, Ph.D., called on CDC to immediately halt Covid vaccine production and distribution.  Citing fertility, blood-clotting concerns (coagulopathy), and immune escape, Dr. Lindsay explained to the committee the scientific evidence showing that the coronavirus vaccines are not safe.  She holds a doctorate in biochemistry and molecular biology from the University of Texas, and has over 30 years of scientific experience, primarily in toxicology and mechanistic biology.  “I strongly feel that all the gene therapy vaccines must be halted immediately due to safety concerns on several fronts,” she said.  Also noted was that “Covid vaccines could induce cross-reactive antibodies to syncytin [a protein], and impair fertility as well as pregnancy outcomes.”  Yet another issue was this: “there is strong evidence for immune escape, and that inoculation under pandemic pressure with these leaky vaccines is driving the creation of more lethal mutants that are both newly infecting a younger age demographic, and causing more Covid-related deaths across the population than would have occurred without intervention.  That is, there is evidence that the vaccines are making the pandemic worse.”

Dr. Theresa Deisher warned about the dangers of mRNA permanently re-writing our genetic code by making changes to our DNA.  She graduated with honors and distinction from Stanford University and obtained her Ph.D. in Molecular and Cellular Physiology from the Department of Molecular and Cellular Physiology, Stanford University. “The vaccines that are messenger RNA (mRNA), what they do is they act like a virus and they hijack the cell’s machinery to turn that mRNA into the protein.  Now, messenger RNA can also be what’s called reverse transcribed into DNA.  Okay, an RNA virus uses a reverse transcriptase in our cells to make itself into DNA and permanently insert into the genome.  Viruses can do that.  There is a possibility that the messenger RNA could be made into DNA and be permanently inserted.  It doesn’t have all of the efficient components of a virus but the spontaneous possibility is there.  In a gene therapy trial, the experts said the danger is 10 to the minus 13 (which is one in a trillion).  Four of nine boys (participating in the trial) had DNA insertions and developed leukemia.  Four of nine is a lot different from one in a trillion.”

Dr. Johan Denis, a medical doctor and homeopath from Belgium, warns, “This vaccine is just not proven safe.  It has been developed too quickly.  We have no idea what the long-term effects will be.  It needs much more investigation.  There is no hurry or emergency.  It might possibly change your DNA.  This is irreversible and irreparable for all future generations.”

Report in May by 57 top scientists and physicians sent a clear message about COVID vaccines.  “The recently identified role of SARS-CoV-2 glycoprotein Spike for inducing endothelial damage characteristic of COVID-19, even in absence of infection, is extremely relevant given that most of the authorized vaccines induce the production of Spike glycoprotein in the recipients.  Given the high rate of occurrence of adverse effects, and the wide range of types of adverse effects that have been reported to date, as well as the potential for vaccine-driven disease enhancement, Th2-immunopathology, autoimmunity, and immune evasion, there is a need for a better understanding of the benefits and risks of mass vaccination, particularly in the groups that were excluded in the clinical trials.”

“Despite calls for caution, the risks of SARS-CoV-2 vaccination have been minimized or ignored by health organizations and government authorities.”

“In the context of these concerns, we propose halting mass-vaccination and opening an urgent pluralistic, critical, and scientifically-based dialogue on SARS-CoV-2 vaccination among scientists, medical doctors, international health agencies, regulatory authorities, governments, and vaccine developers.”

Dr. Ryan Cole is an esteemed board-certified pathologist and recently reported that he has found an increase in cancers since the COVID-19 inoculation rollout.  “Since January 1, in the laboratory, I’m seeing a 20 times increase of endometrial cancers over what I see on an annual basis,” reported Dr. Cole.  And “post-vaccine, what we are seeing is a drop in your killer T-cells, in your CD8 cells.”  “And what do CD8 cells do? They keep all other viruses in check.”  His point is that much like HIV causes immune system disruption by suppressing CD4 “helper” cells, the same thing happens when CD8 “killer” cells are suppressed.  In Dr. Cole’s expert view, this is what seems to be the case with the COVID-19 jabs.  Cole goes on to state that as a result of this vaccine-induced “killer T-cell” suppression, he is seeing an “uptick” of not only endometrial cancer, but also melanomas, as well as herpes, shingles, mono, and a “huge uptick” in HPV when “looking at the cervical biopsies of women.”

Dr. Cole states that not only are melanomas showing up more frequently, like endometrial cancers, the melanomas are also developing more rapidly, and are more severe in younger people than he has ever previously witnessed.  “Most concerning of all, there is a pattern of these types of immune cells in the body keeping cancer in check,” stated the doctor.  “I’m seeing invasive melanomas in younger patients; normally we catch those early, and they are thin melanomas, [but] I’m seeing thick melanomas skyrocketing in the last month or two,” he added.  His views like so many others paint a picture of a legitimate, awful vaccine dystopia.

Conclusions

Ponder this for a while: Even though we probably have entered vaccine dystopia can we still save humanity and our society?

So many people have already been jabbed and for those who have died and been stricken with various health problems, it is too late.  But many millions have not yet been jabbed.  And now many millions must accept or reject booster shots.  Many have strong natural immunity from prior COVID infection that the weight of scientific evidence says is better than vaccine immunity.  For them, vaccine shots are unnecessary and potentially dangerous.

All COVID vaccine decisions are difficult.  How informed are people really?  Is consent just a mindless formality?  Sign and get jabbed.  Then what?

But the more you know about vaccine data and science, the more likely you will be motivated to seek alternatives to the vaccines.  It will be hard work to regain medical freedom.  The pro-vaccine army that permeates all big media will keep saying that vaccines are needed to save lives.  They conveniently ignore all the deaths and adverse health impacts.  The unknown is whether these will increase enough to show the folly of their argument.  Will the vaccine doomsayers be proven correct?

If the forces of evil pushing medical tyranny prevail, then a very dark vaccine dystopia probably awaits us.

Dr. Joel S. Hirschhorn, author of Pandemic Blunder and many articles on the pandemic, worked on health issues for decades.  As a full professor at the University of Wisconsin, Madison, he directed a medical research program between the colleges of engineering and medicine.  As a senior official at the Congressional Office of Technology Assessment and the National Governors Association, he directed major studies on health-related subjects; he testified at over 50 U.S. Senate and House hearings and authored hundreds of articles and op-ed articles in major newspapers.  He has served as an executive volunteer at a major hospital for more than 10 years.  He is a member of the Association of American Physicians and Surgeons and America’s Frontline Doctors.